Downtown CBD (trophy, ~$65/sqft/yr) is one of 5 Seattle Class A submarkets we track.

  • Downtown CBD sits at trophy tier.
  • Average rent $65/sqft/yr vs city average 52.
  • Compared submarkets: South Lake Union (trophy), Bellevue (trophy), Pioneer Square (prime).

Downtown CBD vs other Seattle submarkets

Downtown CBD (trophy, ~$65/sqft/yr) is one of 5 Seattle Class A submarkets we track.

TL;DR

  • Downtown CBD sits at trophy tier.
  • Average rent $65/sqft/yr vs city average 52.
  • Compared submarkets: South Lake Union (trophy), Bellevue (trophy), Pioneer Square (prime).

Side-by-side with peers

**South Lake Union** (trophy, $60/sqft/yr) — Amazon's home campus. **Bellevue** (trophy, $58/sqft/yr) — Cross-lake trophy alternative. **Pioneer Square** (prime, $48/sqft/yr) — Boutique creative submarket. **Redmond** (prime, $44/sqft/yr) — Microsoft's home campus and adjacent inventory.

Key facts

citySeattle
submarketDowntown CBD
tiertrophy
averageRentLocal$65/sqft/yr
cityClassARentUsd$52/sqft/yr
cityVacancyPct26.4%

Frequently asked questions

What other submarkets compete with Downtown CBD in Seattle?
South Lake Union, Bellevue, Pioneer Square

Related

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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